5030 N Ridgeway Avenue, Chicago, IL 60625
Local realty services provided by:ERA Naper Realty
5030 N Ridgeway Avenue,Chicago, IL 60625
$599,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: irene alwan
Office: berkshire hathaway homeservices chicago
MLS#:12671805
Source:MLSNI
Price summary
- Price:$599,000
About this home
A true Northwest side Chicago classic, this all-brick 2-flat is located on one of the most desirable tree-lined streets in the heart of Albany Park -- a prime location offering an urban-suburban feel! Whether you are looking for an income generating rental investment property; an owner-occupied house hacking opportunity (living in one unit and having the other assist in covering your mortgage) or converting this 2-flat to your personal residence...it is priced to sell! Each of the two spacious units, currently rented, features: a gracious living room with abundant front facing windows; a large separate dining room; eat-in kitchen with pantry; two bedrooms; full bath and a den, which could be used as a third bedroom. Both units, as well as the basement feature access to both the front and a side entrance via interior staircases. This home, which boasts some of its distinctive original woodwork, doors, built-ins, stain glass windows, hardwood floors, fireplace (on the second floor only), is being sold "AS IS" and awaits your vision and updates! A shared unfinished basement with coin-operated laundry area provides additional storage and features a newer boiler replaced in 2023. The backyard has a grassy area and a concrete parking pad for two vehicles. Convenient to transportation, this home is close to the CTA Brown Line, Blue Line, the Irving Park Metra, and offers quick access to I-90/94 and O'Hare Airport. Additional nearby features include: the scenic North Branch Trail; Eugene Field Park and kids playground, North Park University, Northeastern Illinois University, Gompers Park, schools, shopping and dining. A perfect opportunity to own an income generating home in a neighborhood, where rents are in demand and property values are climbing! NOTE: For those looking to purchase an owner-occupied property, this 2-flat is "Zoned A" and qualifies for the new "Homegrown Purchase Assistance Program" recently rolled out by the City of Chicago for qualifying and eligible first-time homebuyers...up to $70,000 in maximum assistance....
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Home facts
- Year built:1923
- Listing ID #:12671805
- Updated:June 16, 2026 at 10:41 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:17
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Radiator(s)
Structure and exterior
- Year built:1923
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Tax amount:$9,877 (2024)
Features and amenities
- Amenities:Ceiling Fan(s)
Parking
- Total parking spaces:2
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